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5 Pesos Convertibles
| Issuer | Banco Central de Cuba |
|---|---|
| Year | 2004-2005 |
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| Composition | Log in to see details |
| Size | 150 × 70 mm |
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| Obverse description | The obverse is dominated by a large intaglio vignette of the Antonio Maceo Monument at right centre, set against a multicolour guilloche underprint in green, red, and gold. The issuer title "BANCO CENTRAL DE CUBA" appears in bold letterpress at upper left alongside the bank monogram, with "CINCO PESOS" printed over a globe-shaped guilloche rosette at centre. The year of issue and the Presidente's signature are placed at lower left, with the vertical serial number alongside. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse centres on a full-colour intaglio rendering of the Cuban national coat of arms — a quartered shield bearing a key, a rising sun, and a royal palm, surmounted by a Phrygian cap on a pole and flanked by laurel and oak branches — set against a light guilloche underprint. The header "REPUBLICA DE CUBA" appears in white lettering on a dark green and red band spanning the full width at top, with the numeral "5" in red at lower left and "PESOS CONVERTIBLES" at upper right. A legal-tender text block occupies a dark panel at lower right. |
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| Comments |
The "Convertible Peso" series was introduced as part of Cuba's dual-currency system, which formally separated the economy into two parallel tracks — one for ordinary Cubans paid in standard pesos, another denominated in CUC (pesos convertibles) and tied at par to the US dollar. This particular series circulated almost exclusively through tourist channels and the so-called "dollar stores" that ordinary Cubans were largely barred from accessing until 2004, when the restrictions were partially relaxed.
The "Printed: 30.04.1945" field in the catalog data is almost certainly a data entry error — the CUC series did not exist before the 1990s. Cuba's dual-currency system was formally established in 1994 following the "Special Period" economic crisis triggered by the Soviet collapse.